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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Walmart-owned fintech startup isn’t likely to file for a public listing before 2024, as it kicks off a range of expansion plans.
PhonePe is in the midst of an ambitious overhaul of its business with planned forays into quick commerce, wealth management and B2B technology infrastructure services. The Bengaluru-based payments startup is attempting to turn profitable in the 2023-24 fiscal year for an initial public offering, according to three people in the know, who asked not to be named.
The company’s aim is to ensure that about 50% of its income comes from financial services and the rest is split among the other new businesses. The goal is to increase income by diversifying revenue streams and cut down on customer acquisition costs …
Store expansion, premiumisation and a growing customer base are driving its beauty business. Fashion, meanwhile, is showing improvement but still lacks a clear differentiator.
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
